Richemont joins Alibaba's IP alliance on brand protection

A joint venture between Alibaba and YNAP will launch a mobile app for the Net-A-Porter platform and menswear site Mr Porter, in addition to opening flagship stores for Net-A-Porter and Mr Porter on Tmall Luxury Pavilion, a channel that connects premier brands with China’s digital-first consumers

Switzerland-based Richemont is now among the 115 members from 16 countries and regions that are a part of the AACA, as well as the latest from the luxury sector to partner with the e-commerce giant on brand protection.

In September 2017, the AACA established an advisory board so that brands could provide feedback to Alibaba in areas related to IP enforcement. Alibaba has since upgraded its Intellectual Property Protection Portal as well, delivering faster navigation and a better user experience on the site, where rights holders report suspected infringing listing and share information with Alibaba. In addition, Alibaba’s Good Faith programme, which is open to brands with a track record of accurate notice and takedown filings, has streamlined the reporting process.

The Alliance does not restrict its brand-protection efforts to the online space. Alibaba and its brand partners also work to find and eliminate fakes at their source. In the luxury sector, Alibaba and Louis Vuitton – one of the first members of AACA – conducted an offline investigation that resulted in the seizure in May of approximately RMB 100 million ($14.4 million) worth of counterfeit goods."The protection of intellectual property rights requires all stakeholders to work closely together and share their expertise. The AACA will continue its efforts to establish industry best practices for IP protection by creating effective collaboration among brands, platforms and law enforcement," said Michael Yao, Alibaba’s senior vice president and head of Brand Protection and Cooperation.

Fibre2Fashion News Desk – India